157-161 E 22nd St - Storefront Retail/Residential FOR SALE


New York, NY 10010
$8,995,000 USD
212-729-6279
157-161 E 22nd St, New York, NY for Sale
$8,995,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

157-161 E 22nd St
New York, NY 10010


HIGHLIGHTS

  • Prime Gramercy Park Location
  • 100% Free Market
  • Condo-Quality Finishes
  • Tax Class 2A
  • Steps Away from Gramercy Park and Madison Square Park
  • Proximity to Transportation: 4, 5, 6, L, N, Q, R, W

OVERVIEW

Avison Young has been engaged by ownership as the exclusive agent to sell 157-161 East 22nd Street (the “Property”), a mixed-use walk-up building featuring 100 feet of wraparound frontage on the northwest corner of 3rd Avenue and East 22nd Street, in the heart of Manhattan’s Gramercy Park neighborhood. The four-story building comprises seven (7)free-market residential apartments and one (1) ground-floor retail space across approximately 6,000 square feet. 157-161 East 22nd Street represents a rare opportunity to acquire an entirely free-market, mixed-use luxury rental property with condo-level finishes in one of Manhattan’s most established residential neighborhoods.

FOR SALE DETAILS

PRICE

$8,995,000 USD

PRICE/SF

$1,499 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

157-161 East 22nd Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,875 SF

ZONING

C2-8A

APN/PARCEL ID

0878-0035

ASK ABOUT THIS PROPERTY

Kyle SabathAvison YoungMore Info
212-729-6279

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Kyle SabathAvison YoungMore Info
212-729-6279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.